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Top panelists discuss new ways to assess progress and well-being in the Caribbean

Caribbean countries need a more comprehensive means to measure progress and well-being, beyond traditional Gross Domestic Product (GDP) and “living above or below an international poverty line” assessments. This was a key message at a high-level meeting here today with…

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The Caribbean received $6.027 billion dollars in foreign direct investment in 2014, down nearly 5% from 2013

In its latest annual report, ECLAC proposes that Caribbean countries revise the utility of the incentives used to attract FDI and advance towards a coordinated policy of promotion on a subregional level. (27 May 2015) The flows of Foreign Direct…

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FBI raids Miami Beach office of CONCACAF as part of international soccer investigation

By Michelle Kaufman, Jay Weaver and Jacqueline Charles From Miami Herald U.S. law enforcement officials shook up — and vowed to clean up — the world of soccer Wednesday with a 47-count indictment charging top FIFA officials from Latin America…

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DOJ cites ‘Breathtaking Flagrancy’ in charges against five banks

By Jenna Greene, From The National Law Journal Major banks agree to felony charges over currency manipulation and will pay more than $5B in penalties. Five major banks on Wednesday agreed to plead guilty to felony charges and pay more…

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Qunar: Overvalued With Numerous Risks And Skyrocketing Costs

By John Zhang from seeking Alpha Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More…) Summary Spiraling costs indicate multiple risks and headwinds. Search-to-revenue conversion rate…

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The people who control the Internet got together in a room yesterday — here’s what they’re worried about

By Cale Guthrie Weissman From Business Insider On Thursday, in a large Romanesque ballroom on Manhattan’s Amsterdam Avenue, the people who make the big decisions relating to the underlying technology of what we call the “internet” sat discussing the future….

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Haitian Airline receives permit for scheduled Port-Au-Prince to Santo Domingo Flights

By Brian Major From Travel Pulse Haiti-based Sunrise Airways this week received an operating permit from the Dominican Republic’s Institute of Civil Aviation which allows the airline to commence regularly scheduled flights between Port-au-Prince and Santo Domingo, the capital cities…

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Bribe upon bribe upon bribe: how Fifa and its cronies carved up football

By David Conn From The Guardian UK • US district court alleges massive corruption including $10m payment • American Chuck Blazer allegedly received $750,000 bribe • Concacaf president Jeffrey Webb accused over alleged $3m bribe The case against Jack Warner…

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JPMorgan claims defectors poaching clients

By Charles Toutant, From New Jersey Law Journal JPMorgan Chase Bank has sued six former wealth managers who quit en masse to join competitor Morgan Stanley and are allegedly soliciting their $2 billion base of former clients to follow them….

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Kayak.com suit sheds light on emerging IP issue

By Zack Needles, From New Jersey Law Journal The parties in a New Jersey federal suit over whether a travel search engine infringes a patent for quote-generating software are wrestling with a relatively new question in intellectual property law: When…